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7 July 2024 | 1 reply
Typically on an investment property purchase transaction lenders will require a minimal of a 15% down payment.
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8 July 2024 | 8 replies
.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.
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7 July 2024 | 14 replies
Good to excellent credit scores are preferred for optimal vacation rental mortgage rates and minimizing down payments.
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8 July 2024 | 22 replies
Their job is to make sure the bank is covered and takes a minimal risk.
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7 July 2024 | 11 replies
I think BRRRR is a really powerful strategy to grow your wealth fast even tho the cashflow is minimal in the beginning ( giving that you will be 100% leverage if is done correctly).
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6 July 2024 | 1 reply
So far i've received referrals for Cresset and Origin Investments but both are longer term developments with minimal cashflow for 4-5 years.
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8 July 2024 | 13 replies
But yes, you're right, the difference between the inexpensive freelancers and larger SEO companies is quite minimal, at least in the beginning.
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7 July 2024 | 13 replies
When something goes wrong, you can find the best contractor for the job, who can make the repairs right away, and now your tenants are happy, and you have minimized the time you would have spent speaking to your tenants about the delay or fighting a warranty company.
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8 July 2024 | 35 replies
These more favorable regulations include a 5% transient occupancy tax, no limit on number of days rented, occupant limits based on home size (typically 2 occupants per bedroom plus 4 occupants), minimal permit & licensing fees, and no minimum required stay by the owner.
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6 July 2024 | 2 replies
I cannot overstate the importance of finding a way to build a good rapport with your tenants as early on in the acquisition process as possible, as it will minimize or prevent countless headaches further down the road.When I took over my duplex with an inherited resident in one of the units, I had this conversation with the tenant prior to closing and found out that the toilet in their bathroom was clogging once or twice a week, and their shower head water pressure was super weak.